Fox Ord Stock Price, News & Analysis

FOX News Media has announced significant programming changes across FOX News Channel (FNC) and FOX Business Network (FBN), effective January 2024. Will Cain will host the 4 PM/ET weekday timeslot on FNC with The Will Cain Show, while Charlie Hurt will replace him on FOX & Friends Weekend. The Fox Report and The Big Weekend Show will both expand to two-hour formats on weekends.

On FBN, Dagen McDowell will join The Big Money Show, which will expand to two hours from 12-2 PM/ET. The changes reflect FOX News Media's strategy to innovate programming and meet viewer needs during what they anticipate to be a historic news cycle. The Will Cain Show will feature conversations with newsmakers across politics, business, culture, and sports in a podcast style format.

Fox News Channel (FNC) achieved remarkable success in 2024, securing its position as the highest-rated cable network for the ninth consecutive year. The network captured 56% of cable news primetime audience and 53% in total day, marking its highest share since 2015. FNC averaged 2,384,000 primetime viewers (up 30% vs 2023) and 1,458,000 total day viewers (up 21% vs 2023).

'The Five' made history as the first non-primetime show to exceed 4 million viewers in Q4, while 'Gutfeld!' led all cable news in the 25-54 demographic. FNC dominated election coverage, reaching nearly 13.6 million viewers on election night. The network outperformed competitors CNN and MSNBC, with CNN recording its lowest viewership in network history and both competitors experiencing significant audience decline post-election.

OutKick, FOX 's sports multimedia platform, reported significant growth in November 2024. The platform achieved 7.7 million total desktop and mobile unique visitors (up 21% YoY), 34 million total multiplatform views (up 39% YoY), and 32 million total multiplatform minutes (up 38% YoY).

Social media performance was equally impressive, with 2.1 million social actions across Facebook, X, and Instagram (up 64% YoY and 11% MoM), and 17.7 million total video views on Facebook, X, and YouTube (up 94% YoY). The platform's success is attributed to its coverage of stories at the intersection of sports, culture, and politics.

FOX News achieved remarkable digital performance in November 2024, leading news brands with 4.5 billion total multiplatform minutes (up 57%) and 2.4 billion views (up 43%). The network set a YouTube record with 402 million video views, marking a 114% year-over-year increase. FOX News Digital attracted 114.9 million unique visitors, while their mobile app reached 7.2 million users. The network dominated social media engagement with 51 million total interactions. Meanwhile, FOXBusiness.com maintained its leadership position over CNN Business and Bloomberg.com, generating 162 million multiplatform views. In contrast, CNN experienced declines in both multiplatform views (-3%) and minutes (-8%) compared to November 2023.

FOX News Channel's Sean Hannity launches a new long-form interview show titled 'Sean' on FOX Nation, featuring in-depth conversations with notable figures from sports, entertainment, and politics. The show premieres with Sylvester Stallone and Jennifer Flavin Stallone as first guests, followed by future episodes featuring Stephen A. Smith and Jillian Michaels.

The monthly series aims to explore guests' life journeys, challenges, and successes through candid conversations. As the longest-running primetime cable news host, Hannity brings his experience of interviewing key newsmakers to this new format. FOX Nation, recently named one of the top 10 fastest-growing brands among Gen Z adults, offers this show as part of its streaming service designed for FOX News Channel's most dedicated viewers.

Fox announced that CFO Steve Tomsic will participate in the UBS Global Media and Communications Conference on December 9, 2024. The presentation is scheduled for 12:00 PM Eastern Time (9:00 AM Pacific Time). Interested parties can access both live and archived versions of the presentation through Fox 's investor relations website at investor.foxcorporation.com.

FOX News Channel (FNC) achieved its highest-ever share of cable news audience, commanding 62% of viewers during the election month. The network marked 45 consecutive months as number one in both primetime and total day viewership. FNC delivered 3.2 million primetime viewers and saw an 86% year-over-year growth. Post-election, FNC's audience rose 24% in primetime while competitors CNN and MSNBC saw significant declines of 39% and 52% respectively. FNC dominated Election Day coverage across platforms with 13.6 million viewers and led television ratings during Vice President Harris' concession speech with nearly 8 million viewers.

OutKick, a national multimedia sports platform owned by FOX , reported significant growth in October 2024. The platform achieved 8.6 million total desktop and mobile unique visitors, marking a 61% monthly increase and 44% year-over-year growth. Total multiplatform views reached 31 million, up 32% monthly and 30% annually. Social media engagement saw 1.9 million social actions across Facebook, X, and Instagram, up 119% year-over-year, while video views reached 19.7 million across social platforms, a 73% annual increase. The growth was attributed to coverage of major sports events and controversial topics in sports.

FOX News Digital achieved significant growth in October 2024, surpassing CNN in total digital multiplatform unique visitors for the third time this year. The platform recorded 3.9 billion total multiplatform minutes (up 13%), 2 billion total multiplatform views (up 9%), and 115.8 million unique visitors (up 6%). FOX News dominated social media engagement with 47 million total interactions, while FOXBusiness.com outperformed CNN Business for the 31st consecutive month. Meanwhile, CNN experienced double-digit declines across all key performance indicators.